Hochtief halves outlook, CEO steps down; GMR completes airports executive reshuffle

Shares in infrastructure and airports company Hochteif fell 9.5% on Monday. The company issued a forecast estimating pre-tax profit may fall by as much as 50%. CEO Herbert Luetkestratkoetter has announced he will step aside for Frank Stieler.

Archives

DISCLAIMER: PrivateJetsCharter is not a part 135 air carrier and only acts as an agent to provide info on the best carrier available for charter. PrivateJetsCharter arranges flights on behalf of jet charter clients with FAR Part 135 air carriers that exercise full operational control of charter flights at all times. Flights will be operated by FAR Part 135 direct air carriers that have been certified to provide service for PrivateJetsCharter clients and that meet all FAA safety standards and additional safety standards established by PrivateJetsCharter.